Elements of Title Insurance

Post

Re-versioned: August 2014

This course provides students with the essential components for a title review. The course covers title insurance terminology prior to identifying the key elements of title insurance. Students will utilize examples of title reports to recognize the components of a title report and to analyze the key sections of a title commitment. Additionally, the course will identify title requirements and exceptions and explain the required disclosures and closing protection letter requirements.

 

Audience: Mortgage loan closers, Loan Originators, Underwriters, Processors.

 

Learning Objectives: After completing this course, students will be able to:

  • Define title insurance terminology
  • Identify key elements of title insurance
  • Recognize the components of the title report
  • Analyze the key sections of a title commitment
  • Identify title exceptions
  • Explain disclosure and closing protection letter requirements

 

The Residential Lending course curriculum was developed by AllRegs®, your source for fast, reliable answers.